Chart of Accounts

Balance Sheet: Trial Balance Adj. Entries Adjusted Trial Balance

Assets: Things that are owned by a company Debit Credit Debit Credit Debit Credit

Cash
Marketable Securities
Accounts Receivable
Allowance for Doubtful Accounts
Notes Receivable
Inventory
Office Supples

Property, Plant and Equipment PP&E (1st Cost)

Land
Buildings
Office Equipment
Furniture and Fixtures
Manufacturing Equipment
Vehicles

Accumulated Depreciation PP&E:

Buildings
Office Equipment
Furniture and Fixtures
Manufacturing Equipment
Vehicles

Intangible Assets

Prepaid Expenses
Prepaid Rent
Prepaid Insurance
Other Prepaid Expenses

Liabililities: Amounts that are owed to others by a company:

Accounts Payable
Notes Payable
Taxes Payable
Accrued Wages
Deferred Revenue

Equity: Business Owner's Investment in the company (at cost)

Plus Retained Net Income
Contributed Capital
Retained Earnings

39756209.xls Page 1 of 17
 Dividends Paid

39756209.xls Page 2 of 17
Income Statement:
Revenue: Dollars earned through the Sale of Goods and Services Trial Balance Adj. Entries Adjusted Trial Balance
Debit Credit Debit Credit Debit Credit
Sales Revenue
Service Revenue

Expenses:
Direct Cost:
Cost of Goods Sold

Operating Expenses:
Advertising & Promotion
Amortization Expense
Auto and Vehicle Expene
Bad Debt Expense
Bank Fees
Depreciation Expense
Insurance Expense
Legal and Accounting Fees
Maintenance Expense
Miscellaneous Expense
Office Supplies
Postage/UPS/FedX/etc.
Printing
Rent
Taxes - Payroll
Taxes - Property
Telephone
Travel and Living Expenses
Utilities
Wage and Salary Expense

Other Income and Expenses:

Interest Income
Interest Expense
Realized Gains
Realized Losses
Unrealized Gains
Unrealized Losses
Gain on Sale of Fixed Assets
Loss on Sale of Fixed Assets

Income Taxes
Federal Income Tax
State Income Tax

39756209.xls Page 3 of 17
 Company Name
Balance Sheet
At: ______________

Assets:
Current Assets:
Cash & Mkt Securities
Receivables (Net)
Notes Receivable
Inventory
Supplies Inventory
Total Current Assets:

Property Plant & Equipment:

PP&E First Cost
Less: Accum Depreciation
PP&E (Net):

Intangible Assets

Other Assets:

Total Assets:

Liabilities:
Current Liablilites:
Accounts Payable
Notes Payable (ST)
Taxes Payable
Accrued Wages
Deferred Revenue
Total Current Liabilities:

Long Term Liabilities:

Total Liabilities:

Equity:
Contributed Capital (Common Stock)
Retained Earnings
Total Equity:

Total Liabilities and Equity:

39756209.xls Balance Sheet

 Company Name
Income Statement
For the Period Ended (Date)

Revenue:
Sales Revenue
Service Revenue
Total Revenue:

Cost of Goods Sold

Gross Profit Margin

Operating Expenses:
Advertising & Promotion
Amortization Expense
Auto and Vehicle Expene
Bad Debt Expense
Bank Fees
Depreciation Expense
Insurance Expense
Legal and Accounting Fees
Maintenance Expense
Miscellaneous Expense
Office Supplies
Postage/UPS/FedX/etc.
Printing
Rent
Repairs and Maintenance
Taxes - Payroll
Taxes - Property
Telephone
Travel and Living Expenses
Utilities
Wage and Salary Expense
Total Operating Expenses:

Operating Income:

Other Income and Expense:

Taxable Income

Net Income:
 Company Name:
Statement of Retained Earnings
For the Period (year) Ended (Date)

Beginning Retained Earnings

Net Income
Cash Dividends
Ending Retained Earnings:
General Journal: Page 1 of 1
Entry # Date Account/Entry Description Debits Credits

39756209.xls General Journal

T-Accounts

Current Assets:

Cash Mkt Securitites Accounts Receivable Allow for Doubt Acct

Notes Receivable

Inventory Office Supplies

39756209.xls Page 8 of 17 T Accounts

Property Plant & Equipment:

Land Building Office Equipment Furniture & Fixtures

Mfg Equipment Vehicles

Accumulated Depreciation - Property Plant and Equipment:

Building Office Equipment Furniture & Fixtures

Mfg Equipment Vehicles

39756209.xls Page 9 of 17 T Accounts

Other Assets:

Intangible Assets Prepaid Rent Prepaid Insurance

Liabilities:
Accounts Payable Notes Payable Taxes Payable Accrued Wages

Deferred Revenue

39756209.xls Page 10 of 17 T Accounts

Equity: Contributed Capital Retained Earnings Dividends

Revenue:
Sales Revenue Service Revenue

Expenses:
Cost of Goods Sold Advertising & Promo Amortization Exp Auto & Vehicle Exp

39756209.xls Page 11 of 17 T Accounts

 Bad Debt Exp Bank Fees Depreciation Exp Insurance Exp

Legal & Acct Fees Maintenance Exp Office Supples Exp. Postage Exp

Printing Exp Rent Exp Taxes - Payroll Taxes - Property

39756209.xls Page 12 of 17 T Accounts

 Telephone Exp Travel & Living Exp Utilities Exp Wage and Salary Exp.

Other Income and Expenses:

Interest Income Interest Expense Realized Gains Realized Losses

39756209.xls Page 13 of 17 T Accounts

 Unrealized Gains Unrealsized Losses Gain on Sale of FA Loss on Sale of FA

Income Taxes:

Federal Income Tax State Income Tax

39756209.xls Page 14 of 17 T Accounts

 Bank: Books:

Balance per Bank: Balance per Books:

Add: Add:

Deposits in Transit: Bank Collections

Interest Income

<Subtract>: <Subtract>:

Outstanding Checks: Service Charges

NSF Checks

Other Bank Fees

Add/<Subtract>: Add/<Subtract>:

Bank Errors Book Errors

Adjusted Bank Balance: Adjusted Book Balance

39756209.xls Bank Rec

 Average Cost FIFO Cost LIFO Cost
Transaction Unit Total Unit Total Unit Total
Type Qty Cost Cost Qty Cost Cost Qty Cost Cost

39756209.xls Inventory WS
 Depreciation Schedule:

Method - Straight-Line

Annual Net
Depreciation Accumulated Book
Year Expense Depreciation Value
Start

Double Declining Balance

Annual Net
Depreciation Accumulated Book
Year Expense Depreciation Value
Start

Units of Production

Annual Net
Depreciation Accumulated Book
Year Expense Depreciation Value
Start

39756209.xls Depr Schedule